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5152 Watermead Lane

5152 Watermead Lane, Belmont, NC 28012
Property in Gaston
Sold May 08, 2023
$188,000
Sold Sep 19, 2006
$240,000
$215,910 by Bank Of America Na
Mortgage Due Oct 01, 2036
This has been categorized as a residential property type. In total, the area measurement of the land is 53,579 square feet.

Learn more about the property and building on this page. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. According to our sources, 5152 Watermead Lane sold most recently in May 8, 2023 for a total of $188,000. Before that, the property was also sold for $240,000 in Sep 6, 2006. There could be many factors that caused the property to sell at a lower price and decrease in value. Tax-wise, the current owner is expected to pay close to $2,443 in taxes each year. 5152 Watermead Lane was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $220,970. If we break it down further, the land itself was valued at $220,970. The property's total assessed value has been marked as more than the total market value which is pretty atypical. As you can see, there are a lot of things to consider when purchasing a home. For example, have you evaluated your own Debt-To-Income ratio (DTI) and understood how this may impact the number of loan options you have access to? Don't worry, we'll cover the basics such as what a DTI ratio is, how to calculate yours, what most lenders consider to be an ideal ratio, and also provide our tips on how you can improve your score if it is on the higher side.Sadly, this property is not available for sale but we are constantly updating our inventory in real time. Sign up for a RealtyHop account and add this property to your favorites to get updates on when this property is back on the market. Or alternatively, you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Bedroom Count: 0
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 53,579
  • Lot Size Frontage Feet: 0
  • Total Building Area: 0
  • Building Area: 0

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: REFLECTION POINTE SUBDIVISION PHASE 1
  • Land Acres: 1.23
  • Standard Land Use Code: Single family residential
  • County Land Use Code: Cooperative unit (residential)
  • Legal Description 1: REFLECTION POINTE L 125 15 109 004 00 000

Ownership

  • Current Owner : GALLO MATTHEW J
  • Current Owner 2: GALLO CHERIE B
  • Previous Owner : LAMPESE RICHARD S
  • Previous Owner 2: LAMPESE JOANNE
  • Owner Before Previous Owner: CHAN DAVID M
  • Owner Before Previous Owner 2: LAU WINNIE L

Neighborhood

  • School District Name: Gaston County Schools
  • School Tax School District: BELMONT CITY
  • Census Tract: 032406

Geography

  • Assessors Map Reference: MP 67 PG 66
  • District: BELMONT CITY
  • Parcel: 203893
  • Municipality: BELMONT CITY
  • Latitude: 35.1523
  • Longitude: -81.0267

    Address

  • Full Address: 5152 Watermead Ln
  • Address - House Number: 5152
  • Address - Street Name: Watermead
  • Address - Suffix Type: Ln
  • State: NC
  • City Name: Belmont
  • Carrier Code: R002
  • 4-Digit Zip Code: 6750
  • Zip Code: 28012

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $2,443

    Appraisal Valuation

  • Standard Deviation: 0.1765
  • Valuation Date: Dec 13, 2023
  • Confidence Score: 77
  • Final Value: 380,645
  • High Value: 447,852
  • Low Value: 313,437

    Market Valuation

  • Market Total Value: $124,290
  • Market Land Value: $124,290

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $220,970
  • Assessed Land Value: $220,970

    Sales

  • Current Sale Contract Date: May 08, 2023
  • Current Sale Recording Date: May 08, 2023
  • Current Sale Transaction ID: 11917743232
  • Current Sale Price: $188,000
  • Current Sale Document Type: Warranty Deed
  • Previous Sale Recording Date: Sep 19, 2006
  • Previous Sale Contract Date: Sep 06, 2006
  • Previous Sale Amount: $240,000
  • Previous Sale Document Type: Warranty Deed

    Previous Mortgages

  • Previous Mortgage Lender: BANK OF AMERICA NA
  • Previous Mortgage Transaction Date: Sep 19, 2006
  • Previous Mortgage Financing Type: Adjustable Rate
  • Previous Mortgage Loan Amount: $215,910
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Purchase Money Mortgage
  • Previous Mortgage Loan Due Date: Oct 01, 2036

About Belmont



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Frequently Asked Questions

What neighborhood is 5152 Watermead Lane located in?
The 5152 Watermead Lane is a located in the neighborhood of Gaston in Belmont, Belmont.
What is the average sales price for listings in 5152 Watermead Lane?
The average sales price for units in 5152 Watermead Lane is $0 currently.

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